Mongolia’s Foreign Trade Up 27 Percent In First 11 Months

Mongolia’s Foreign Trade Up 27 Percent In First 11 Months

ULAN BATOR, Dec 11 (NNN-XINHUA) – Mongolia saw its foreign trade turnover grow 26.6 percent year on year, to 19 billion U.S. dollars in the first 11 months of this year, local media reported yesterday, citing the Mongolian Customs General Administration (MCGA).

Mongolia registered a surplus in foreign trade balance, as exports exceeded imports by around 3.2 billion dollars, with mining products accounting for the majority of the mineral-rich country’s total exports, in the Jan-Nov period, the MCGA data showed.

During the period, China remained Mongolia’s top export destination, with its major imports, including mining and agricultural products, according to the MCGA.– NNN-XINHUA

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